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SPY
SPDR S&P 500 ETF Trust
stock NYSE ETF

At Close

Nov 17, 2025 3:59:58 PM EST

665.72USD-0.924%(-6.21)90,398,965

0.00Bid 0.00Ask 0.00Spread

Pre-market

Nov 17, 2025 9:28:30 AM EST

669.56USD-0.353%(-2.37)891,331

After-hours

Nov 17, 2025 4:59:15 PM EST

666.06USD+0.051%(+0.34)6,292,692

OverviewMax PainHistoricalExchangesShortsMore

SPY Max Pain Summary

The max pain for SPY on November 17th, 2025 is $674.00.

SPY Option Chain Summary

	Calls		Puts		Max	P/C	Price vs.
Exp.	ITM	OTM	ITM	OTM	Pain¹	Ratio²	Max Pain
Nov 17, 2025	3,725	239,711	78,816	155,404	674.00	0.96	-1.23%
Nov 18, 2025	1,977	102,414	30,413	54,168	675.00	0.81	-1.37%
Nov 19, 2025	2,280	60,673	18,560	65,284	673.00	1.33	-1.08%
Nov 20, 2025	3,123	67,914	13,002	46,128	673.00	0.83	-1.08%
Nov 21, 2025	130,583	505,304	205,607	2,360,198	670.00	4.04	-0.64%
Nov 24, 2025	558	35,863	7,809	19,788	674.00	0.76	-1.23%
Nov 25, 2025	680	14,965	4,650	10,361	673.00	0.96	-1.08%
Nov 26, 2025	345	10,836	2,363	11,017	675.00	1.20	-1.37%
Nov 28, 2025	36,873	255,476	82,781	934,710	674.00	3.48	-1.23%
Dec 5, 2025	3,753	81,876	38,479	875,215	680.00	10.67	-2.10%
Dec 12, 2025	7,744	69,661	21,956	468,075	675.00	6.33	-1.37%
Dec 19, 2025	322,911	607,381	123,672	2,582,836	650.00	2.91	+2.42%
Dec 26, 2025	421	13,955	4,191	10,743	675.00	1.04	-1.37%
Dec 31, 2025	78,260	188,539	43,958	419,124	660.00	1.74	+0.87%
Jan 2, 2026	0	1,635	480	0	673.00	0.29	-1.08%
Jan 16, 2026	234,510	362,030	40,054	1,154,698	640.00	2.00	+4.02%
Jan 30, 2026	12,244	69,008	10,555	116,417	665.00	1.56	+0.11%
Feb 20, 2026	13,542	78,383	22,521	299,259	670.00	3.50	-0.64%
Feb 27, 2026	7,305	17,356	3,850	19,248	661.00	0.94	+0.71%
Mar 20, 2026	102,591	283,228	27,459	768,808	645.00	2.06	+3.21%
Mar 31, 2026	20,653	63,771	11,124	117,987	645.00	1.53	+3.21%
Apr 30, 2026	2,492	20,883	4,452	28,461	675.00	1.41	-1.37%
Jun 18, 2026	92,550	190,032	31,213	379,813	630.00	1.45	+5.67%
Jun 30, 2026	7,460	25,155	4,925	40,638	655.00	1.40	+1.64%
Sep 18, 2026	20,081	228,744	22,912	175,847	675.00	0.80	-1.37%
Sep 30, 2026	1,132	16,499	3,249	10,924	670.00	0.80	-0.64%
Dec 18, 2026	92,978	173,913	26,319	273,496	600.00	1.12	+10.95%
Jan 15, 2027	44,527	270,159	61,096	169,719	675.00	0.73	-1.37%
Mar 19, 2027	188	13,591	269	6,079	670.00	0.46	-0.64%
Jun 17, 2027	3,044	8,808	442	2,758	550.00	0.27	+21.04%
Dec 17, 2027	47,076	66,207	14,447	166,245	620.00	1.60	+7.37%
Jan 21, 2028	2,791	25,902	2,099	36,336	660.00	1.34	+0.87%
Totals	1,298,397 5,468,269 H	4,169,872	963,723 12,743,507 H	11,779,784		2.33

¹ Maximum pain is the strike price with the most open puts and calls and the price at which the stock would cause financial losses for the largest number of option holders at expiration. Investopedia

² In general, greater than 0.7 suggests bearish sentiment is building in the market; below 0.7 is considered a bullish indicator. Investopedia

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SPY Max Pain Summary

SPY Option Chain Summary

SPY
SPDR S&P 500 ETF Trust
stock NYSE ETF